Estate Planning
WHAT IS ESTATE PLANNING?
Estate planning is the process of accumulating and disposing of an estate to maximize the goals of the estate owner. The various goals of estate planning include:
- making sure the greatest amount of the estate passes to the estate owner's intended beneficiaries
- paying the least amount of taxes
- avoiding or minimizing probate court involvement
- providing for and designating guardians for minor children
- planning for incapacity
Click here to read more about using a San Diego Estate Planning Attorney
SHOULD I DO AN ESTATE PLAN?
Anyone who has assets should do an Estate Plan - it doesn't matter how old or young you are or how many assets you have. If you own something you value and want to outline where and how it would be handled when you pass away, you should do an Estate Plan.
WHAT IS BETTER, A WILL OR A TRUST?
A will is a legal document expressing the desires of the author with regard to the disposition of property after the author's death. A trust is where money or property is owned and managed on behalf of another. To decide which is the best for your specific situation, please call our office to speak with a lawyer at 619.232.3057.
WHAT IS A TRUSTEE and WHO SHOULD I APPOINT TO BE MY TRUSTEE?
The trustee can be either a person or a legal entity such as a company. There can be multiple trustees. A trustee has many rights and responsibilities, these vary from trust to trust depending on the type of the trust. Trustees are nearly always appointed in the document (instrument) which creates the trust and should be a person, or company you can rely on.
WHAT SHOULD I DO TO GET MY TRUST DONE?
Please call our office for a free consultation. We can outline your goals and make sure your loved ones are protected. We'll advise you on what to bring, costs associated, and how to manage your trust.
What to expect from your free consultation! Click here to read.